Russia grants Venezuela billion dollars to buy arms

MILPLEX

by Staff Writers
Moscow (AFP) Sept 25, 2008
Russia is lending one billion dollars (682 million euros) to Venezuela to buy Russian arms, the Kremlin said Thursday, ahead of a visit by Venezuelan President Hugo Chavez.

"Russia has taken the decision to grant Venezuela a credit of one billion dollars for implementing programmes in the field of military-technical cooperation," it said in a statement, using diplomatic jargon for arms sales.

Venezuela has been asking for the loan for months, according to Russian media reports.

The Kremlin said Venezuela has signed 12 arms contracts with Russia since 2005 for a total value of 4.4 billion dollars (three billion euros).

Venezuela -- which in the past has bought Russian fighter jets, tanks and assault rifles -- wants to buy anti-aircraft systems, armoured personnel carriers and more combat aircraft, the Kommersant newspaper has reported.

Chavez is due to meet Prime Minister Vladimir Putin later Thursday, then hold talks with President Dmitry Medvedev in the Urals Mountains city of Orenburg on Friday on his third visit to Russia since June 2007.

Memory Foam Mattress Review

SPACE MEDIA NETWORK PROMOTIONS
Solar Energy Solutions
Tempur-Pedic Mattress Comparison ...

Newsletters :: SpaceDaily :: SpaceWar :: TerraDaily :: Energy Daily
XML Feeds :: Space News :: Earth News :: War News :: Solar Energy News

MILPLEX

BAE Secures Major Contract For Bradley Vehicles

York PA (SPX) Sep 25, 2008
BAE Systems, under a $742 million U.S. Army contract, will remanufacture more than 300 Bradley vehicles with additional armor to protect soldiers. The contract is an option to a previously awarded contract for work on 252 Bradley vehicles.

AEROSPACE Airbus globalises production with China plant Safer Skies For The Flying Public Chinese airlines fly into headwinds in Olympic year The M2-F1 - An Aircraft Without Wings	CAR TECH GM to double production of fuel-efficient engines EU panel resists pressure to water down car emission targets Chrysler to go electric in 2010 CSIRO's UltraBattery Goes Global In The Auto Sector
MILITARY COMMUNICATIONS The Modern Airborne Military Communications Market Boeing Ships Software-Defined FAB-T Radio Prototype DataPath Wins Suppport Contract For US CENTCOM SatComm Hubs Satellite's Data Collection Will Support Warfighter	MISSILE DEFENSE Russia may sell S-300s to Iran Russian agents seek to influence Czechs on US radar: intel report Raytheon To Develop New Missile Defense Interceptor Czechs, US sign ABM Deal
FARM NEWS Cover-up as eight newborns die in Chinese hospital: report China halts sales of popular candy tainted with melamine Asia on alert over tainted China milk China says dairy firm knew of toxic milk for months	DISASTER MANAGEMENT Two dead, 14 missing in Philippines mine: officials Hope fades for trapped miners, death toll rises in Philippines typhoon Invest in disaster preparations to protect Asia's poor: World Vision Child traffickers arrested in India flood zone: police
TECH SPACE Microsoft courts Chinese consumers with slashed software price Oracle, HP unveil computer to cope with digital explosion Study Spotlights Anti-satellite And Space Debris Threats Australian company launches 3D Internet tool	ROBO SPACE iRobot Awarded US Army Contract For Robotic Systems Robots Learn To Follow Robot-assisted surgery repairs fistulas Japanese Researchers Eye e-Skin For Robots

The content herein, unless otherwise known to be public domain, are Copyright Space.TV Corporation. AFP and UPI Wire Stories are copyright Agence France-Presse and United Press International. ESA Portal Reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space.TV Corp on any Web page published or hosted by Space.TV Corp. Privacy Statement